Dubai Announces AED 3.8bn DIFC Square Mixed-Use Development

  • 7 months ago
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Dubai has unveiled plans for DIFC Square, a new AED 3.8 billion mixed-use project situated in the Dubai International Financial Centre (DIFC). This development is a key component of DIFC’s 2030 strategy to solidify its status as a premier global financial hub.

Project Details

DIFC Square will feature three interconnected buildings, offering 600,000 square feet of office space and 17,200 square feet of retail area. The project, which broke ground this week, spans a 113,500 square foot plot and will have a total built area of nearly one million square feet. Upon completion in early 2026, the buildings will range from eight to thirteen stories.

Strategic Significance

Governor Essa Kazim emphasized the project’s importance, stating, “As DIFC continues to strengthen its position as a world-class financial hub, leading regional and global businesses are establishing their presence in the Centre to grow their network and expand across the MEASA region and beyond. DIFC Square will become a valued addition to the Centre’s growing real estate portfolio by providing future-forward, Grade A office spaces dedicated to meeting the demand for high-quality, future-centric commercial property.”

Prime Location and Accessibility

Strategically located near Dubai International Airport and key transportation links, DIFC Square will offer occupants easy access to the facilities and amenities within DIFC Gate Village and Gate Avenue.

Market Interest and Future Prospects

The project has already attracted significant pre-leasing interest from wealth and insurance firms, highlighting its strategic appeal and prime location. This follows the successful launch and sale of DIFC’s first residential tower last year. Additionally, strong demand for commercial real estate in the district is evidenced by the recent groundbreaking of the AED 1.1 billion Immersive Tower in May.

DIFC Square is poised to become a crucial element of Dubai’s financial district, contributing to the city’s vision of becoming a leading global financial center.

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